The Hammer candlestick stands out in the realm of technical analysis due to its distinct characteristics that set it apart from other candlestick patterns. One prominent feature is its unique shape, consisting of a small real body near the top of the...

Technical analysis is a powerful tool for forecasting price movement in the Forex market. It is more popular than fundamental analysis in currency trading and is used by both novice and experienced traders. Is it truly universal and omnipotent? In...

Spread betting is a versatile financial derivative that allows traders to speculate on the price movements of various assets without actually owning them. There are several types of spread betting, each tailored to different market conditions and...

The difference between current yield and yield to maturity lies in the specific aspects they measure in relation to bonds.

Social networking for traders refers to the use of online platforms and communities specifically designed for traders to connect, share information, and collaborate with one another. These networks provide a space where traders can discuss market...

Adrofx Established in 2018, AdroFx is regulated by multiple authorities and provides services to clients from more than 200 countries. The company offers a full-fledged trading experience with numerous benefits: education, copy-trading, instant order...

As the name implies, an expert advisor (EA) is a piece of software that makes trading decisions on your behalf. After installing Forex EA on a trading platform, the expert advisor or trading robot will manage your trades based on some predetermined...

Fiscal policy plays a significant role in influencing currency pair movements by shaping a country’s economic outlook and investor confidence. Fiscal policy refers to government decisions on taxation, public spending, and budget deficits or...

The success of a short position trade in the forex market depends on several critical factors that traders need to consider. These factors play a significant role in determining the profitability and risk associated with short selling:

A bear flag pattern is a popular continuation pattern in technical analysis that signals the potential continuation of a downtrend after a brief pause. It forms when price experiences a sharp decline, known as the flagpole, followed by a short period...